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Samir Arora, fund manager, Helios Capital, says that a fact needs to be appreciated that the government has become very responsive. He is of the view that volatility in the market can be avoided if a more careful approach is adopted.

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The market is unlikely to break out in a hurry and sectors which did well so far could underperform in the next one year, while the beaten-down sectors such as PSU banks, roads, metals, industrials etc. will remain in demand in the next 6-9 months.